by George Gikas | Jun 13, 2017 | Blog, Finance, Mortgage
If you are looking to purchase a property in the next while, you probably already know that you need at least 5% of the purchase price as a downpayment. Saving a bigger downpayment, let’s say 10%, certainly increases your chances of securing financing. While...
by George Gikas | Jun 6, 2017 | Blog, Finance
This article was written by Sandi Martin of Spring Personal Finance and was originally published here on Spring The Blog on Oct. 27th 2015. Does This Sound Familiar? You’ve read a book or a blog series or watched a show about budgeting and getting your money under...
by George Gikas | May 30, 2017 | Blog, Guest Post
Is the government being reckless and irresponsible or will rates be this low forever? Here’s a great article that compares the recent changes to mortgage qualifications imposed on Canadians (what the government says) and the government’s own borrowing...
by George Gikas | May 24, 2017 | Announcements, Blog, Mortgage
The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Inflation is broadly in line with the Bank’s projection in its April Monetary Policy Report (MPR)....
by George Gikas | May 2, 2017 | Blog, Homeownership
A child’s imagination is certainly something to behold. From pillow forts that double as outlying starbases, to walks in the forest that double as adventures travelling up and over the world’s tallest peaks, this gift that children possess- that of finding joy (not to...
by George Gikas | Apr 25, 2017 | Blog, Homeownership, Mortgage
Last month, the article “Can’t find the Perfect Property in Your Price Range” was published on the blog, where the purchase plus improvements program was outlined as a way to buy and renovate a property at the same time. If you are looking to buy a...
